Continuously compounded rate of return and Costing: Difference between pages

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The more frequently a nominal annual rate of interest is compounded within a given time period, the greater the total interest accrued by the end of the period.  
1. ''Cost and management accounting.''


Continuous compounding takes this process to its theoretical limit by assuming that the nominal annual interest is calculated and compounded continuously at the given continuously compounded % rate.
Costing is the process of determining the cost of products or services to be produced and supplied.


Such costings may then be used, in turn, to plan selling prices or other management decisions.
2. ''Noun.''
The term costings is also used more broadly for the proposed or estimated costs or prices for any product, service or activity.
3. ''Verb.''
Costing can also refer to the process of obtaining costings, as described in 2. above.




== See also ==
== See also ==
* [[Compounding effect]]
* [[Absorption costing]]
* [[Effective annual rate]]
* [[Activity-based costing]]
* [[Nominal annual rate]]
* [[Budget]]
* [[Cost centre]]
* [[Direct costs]]
* [[Fixed cost]]
* [[Indirect costs]]
* [[Job costing]]
* [[Forecast]]
* [[Management accounting]]
* [[Marginal costing]]
* [[Process costing]]
* [[Variable cost]]


[[Category:The_business_context]]
[[Category:Accounting,_tax_and_regulation]]

Latest revision as of 20:49, 6 February 2019

1. Cost and management accounting.

Costing is the process of determining the cost of products or services to be produced and supplied.

Such costings may then be used, in turn, to plan selling prices or other management decisions.


2. Noun.

The term costings is also used more broadly for the proposed or estimated costs or prices for any product, service or activity.


3. Verb.

Costing can also refer to the process of obtaining costings, as described in 2. above.


See also